Annual report pursuant to Section 13 and 15(d)

Loss per common share (Tables)

v2.4.0.6
Loss per common share (Tables)
 12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of Loss Per Common Share, Basic and Diluted
Basic and diluted earnings per share for the years ended December 31, 2012 and 2011, respectively, were as follows:
 
 
2012
 
2011
Loss available to stockholders
$
(1,636,957
)
 
$
(1,574,501
)
 
 
 
 
Weighted average shares outstanding - Basic and diluted
52,540,284

 
48,211,652

Basic and diluted loss per share
$
(0.03
)
 
$
(0.03
)
 
 
 
 
Anti-dilutive shares underlying stock options outstanding
4,386,000

 
4,381,000

Anti-dilutive convertible debentures
303,223

 
636,557